Washington Report

Senate Finance Committee Chairman Max Baucus (D-MT) said, following the conclusion of a March 15th committee hearing on permanent normal trade relations (PNTR) for Russia, that the committee will probably not act on PNTR legislation until closer to the time Russia officially joins the World Trade Organization (WTO).

Taiwan’s President this week requested a reopening of trade talks with the United States saying that his country needs a free trade agreement (FTA) similar to that of South Korea’s FTA with the United States.